Gosh, it took me a really long time to find a positive article about the economy. Finally, I unearthed one in the Wall Street Journal. It’s a few days old and the Fed has since dropped the federal funds rate another 50 basis points, but maybe it will make you feel the tiniest bit releaved to hear something positive for once.
When it comes to the economy, I am a firm believer that perception is reality. Beat someone over the head with a thought for long enough and they will start to believe it, positive or negative. What about positive affirmations? Remember Stuart Smalley? Why doesn’t the media try that stance for a few days? What could it hurt?
Only you can determine your comfort level with the economy and your financial situation. Is your job stable? Are you earning the same, more, or less, than you did last year? Are you still able to save? Do you really feel strapped, or is the media making you think about things too much? Take a deep breath, step back, and look at your situation. The sky might not be falling.
Now, I’m off to stimulate the economy with a latte purchase…